Lazard Ltd Cash Flow Reinvestment Rate
Lazard Ltd cash flow reinvestment rate. Lazard Ltd (LAZ) has a Cash Flow Reinvestment Rate of 0.14x as of September 2025, reinvesting $40.45 Million (capex $25.51 Million plus investments $-14.94 Million) from operating cash flow of $287.47 Million. Explore debt repayment capacity of Lazard Ltd to assess how comfortably operating cash covers total debt obligations.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Cash Flow Reinvestment Rate of Lazard Ltd (2003–2024)
Cash flow reinvestment rate of Lazard Ltd from 2003 to 2024. Historical reinvestment intensity for Lazard Ltd across 22 annual periods. Explore LAZ capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Lazard Ltd Cash Flow Reinvestment Rate by Year (2003–2024)
Lazard Ltd cash flow reinvestment rate by year from 2003 to 2024. Year-by-year capital reinvestment analysis for Lazard Ltd. For the full cash flow conversion analysis, see Lazard Ltd cash conversion from operations.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.24x | $179.57 Million | $742.83 Million | $45.50 Million | ▼ -51.6% |
| 2023 | 0.50x | $82.19 Million | $164.66 Million | $28.30 Million | ▲ +292.9% |
| 2022 | 0.13x | $105.95 Million | $833.98 Million | $49.51 Million | ▲ +39.7% |
| 2021 | 0.09x | $78.75 Million | $866.08 Million | $39.70 Million | ▼ -58.8% |
| 2020 | 0.22x | $127.22 Million | $575.93 Million | $64.29 Million | ▲ +76.2% |
| 2019 | 0.13x | $85.00 Million | $677.95 Million | $42.76 Million | ▼ -8.5% |
| 2018 | 0.14x | $95.80 Million | $699.04 Million | $49.59 Million | ▲ +158.4% |
| 2017 | 0.05x | $54.59 Million | $1.03 Billion | $27.67 Million | ▼ -56.1% |
| 2016 | 0.12x | $76.40 Million | $632.60 Million | $38.75 Million | ▲ +302.4% |
| 2015 | 0.03x | $26.63 Million | $887.30 Million | $26.63 Million | ▼ -0.4% |
| 2014 | 0.03x | $22.18 Million | $736.02 Million | $22.18 Million | ▼ -74.0% |
| 2013 | 0.12x | $60.96 Million | $526.70 Million | $60.96 Million | ▼ -37.5% |
| 2012 | 0.19x | $89.30 Million | $481.91 Million | $89.30 Million | ▲ +58.7% |
| 2011 | 0.12x | $46.44 Million | $397.80 Million | $46.44 Million | ▼ -94.9% |
| 2010 | 2.29x | $386.62 Million | $168.80 Million | $13.38 Million | ▲ +4606.1% |
| 2009 | 0.05x | $11.91 Million | $244.78 Million | $11.91 Million | ▲ +33.0% |
| 2008 | 0.04x | $18.51 Million | $505.89 Million | $18.51 Million | ▼ -81.9% |
| 2007 | 0.20x | $14.53 Million | $71.73 Million | $14.53 Million | ▲ +488.4% |
| 2006 | 0.03x | $8.19 Million | $238.04 Million | $8.19 Million | ▲ +293.5% |
| 2005 | 0.01x | $7.82 Million | $893.60 Million | $7.82 Million | ▼ -80.4% |
| 2004 | 0.04x | $19.01 Million | $426.28 Million | $19.01 Million | ▼ -83.6% |
| 2003 | 0.27x | $56.23 Million | $206.52 Million | $56.23 Million | — |